Thinkorswim Point and Figure Charts


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One of our viewers submitted this as a project request:

Hello,
I have enjoyed watching the videos you posted to youtube. I was wondering if there is a way you can write a script for Tinkorswim to have a point and figure chart like is seen at stockcharts? https://stockcharts.com/freecharts/pnf.php?c=AAPL,P&listNum=
It would show the pattern at the top and the price target which is not seen in the apple chart. I thing you have to be a member at Stockcharts to see it.
Thanks,
Rick

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Posted by (Questions: 36, Answers: 1978)
Asked on June 10, 2019 8:21 am
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Private answer

Hi Rick,

Thanks for taking the time to submit your project request.

For most trading platforms the Point & Figure charts are built into the platform and they are considered a chart style. Not an indicator or chart study.

It is not possible to create a Point and Figure (P&F) chart from the thinkscript used to write custom chart studies on the Thinkorswim trading platform. In order for P&F chart to be added to Thinkorswim this will have to be written into the platform by their developers.

Which means the only way to get P&F charts added to the platform is if a large number of users submit this to TDA support as a feature request. How do I do this? Go to https://www.tdameritrade.com/home.page

Then log into your account and follow the instructions on the screenshots below.

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Posted by (Questions: 36, Answers: 1978)
Answered on June 10, 2019 8:43 am